SCOTCH & SHARKS INC SCOTCH & SHARKS
TEQUESTA,
Florida,
33469
EIN: 83-1415799
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
SCOTCH & SHARKS INC IS A SOCIAL AND BUSINESS NETWORKING GROUP WHICH RAISES AND DISBURSES CHARITABLE FUNDS ON BEHALF OF SOUTH FLORIDA BASED NON-PROFIT ORGANIZATIONS AND IN-NEED INDIVIDUALS AND FAMILIES.
DEMOGRAPHIC
ADDRESS
222 S US HIGHWAY 1 STE 208
33469
COUNTY
palm beach county, FL
IN CARE OF NAME
JOHNMICHAEL CHADAM
ORGANIZATIONAL OVERVIEW & RANKINGS
SCOTCH & SHARKS INC SCOTCH & SHARKS is a based in TEQUESTA, FL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising and/or Fund Distribution. Established in August 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $45,674.00, this ranks 584,220 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 28,218 out of 155,377 organizations in FL (Top 19%).
In palm beach county, FL, the organization ranks 3,199 out of 12,964 nonprofits by assets (Top 25%), while locally in tequesta, it stands at 44 among 116 organizations (Top 28%).
The organization reported annual revenue of $117,838.00, ranking 367,746 nationally (Top 14%) and 17,317 in FL (Top 12%).
Within its specific NTEE classification (T12 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 7,906 similar organizations, SCOTCH & SHARKS INC SCOTCH & SHARKS ranks 1,760 in assets (Top 23%) and 708 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$117,838.00
FORM 990 REVENUE AMOUNT
$117,838.00
RULING DATE
08/2018
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$45,674.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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